Most college students will not be charged the full price tag of a school. Instead, they will be offered a financial aid package that includes a combination of loans, grants, scholarships and possibly work-study opportunities.
Discover the financial aid possibilities at South Central College and learn what assistance you might qualify for by continuing to read.
$4,766.00 is the typical South Central College’s first year financial aid package. About 90% of first year students receive financial aid, most of which is in the form of loans.
A financial aid package includes loans, grants, and scholarships. However, student loans have to be paid back, so they aren’t a true discount.
Student debt really should be considered to be an added expense and not as “aid” or a “discount”. Find more about student loan debt at South Central College.
In addition to scholarships, 77% of freshman students (256 total) obtained federal grant aid, averaging $3,810.00 a piece.
The numbers and the graph following pertain to primarily federal grants, plus some local and state grants.
77% of freshmen at South Central College (256 total) received a federal grant, averaging $3,810.00.
The following table shows scholarship and grant allocations by income for first-year students receiving any form of federal Title IV assistance, including Federal PLUS loans.
Income Level | Percent of Freshman | Average Assistance |
---|---|---|
Income 0-30k | 30.51% | $6,106.00 |
Income 30k-48k | 12.99% | $5,691.00 |
Income 48k-75k | 9.37% | $4,468.00 |
Income 75k-110k | 6.95% | $1,486.00 |
Income 110k + | 2.42% | $359.00 |
The table above displays students who are getting Title IV aid, federal aid from the government including loans, grants or work-study. Get more info on Title IV here.
Of the 331 undergraduate students at South Central College around 90% (281 total) receive some form of grant aid. The typical amount awarded was $4,766.00.The largest share of which are in the guise of Pell Grants.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
More about our data sources and methodologies.